1. The members of the Museum Board of the City of Springfield are appointed by the City of Springfield City Council, which has agreed to finance any operating deficits of the museum. Under these conditions:a. The museum is a primary government. b. The city and the museum together are a financial reporting entity. c. The museum is a special district. d. The museum is a component unit of the city.2 Interim government financial reports:a. Are not necessary because administrators and managers of the government are already familiar with the events andactivities of the government on a day to day basis. b. Should be prepared and distributed publicly at regular intervals. c. Are important for budgetary and cash management purposes. d. Are not necessary as long as the government prepares a comprehensive annual financial report [CAFR].3. The comprehensive annual financial report (CAFR) of a governmental reporting entity should contain a statement ofcash flows for:

Afreezer manufacturer might purchase sheets of steel, wiring, shelving, and so forth, as part of its final product. this is an example of what sub-classification of business market?

In the fall, jay thompson decided to live in a university dormitory. he signed a dorm contract under which he was obligated to pay the room rent for the full college year. one clause stated that if he moved out during the year, he could sell his dorm contract to another student who would move into the dormitory as his replacement. the dorm cost was $5000 for the two semesters, which jay had already paid a month after he moved into the dorm, he decided he would prefer to live in an apartment. that week, after some searching for a replacement to fulfill his dorm contract, jay had two offers. one student offered to move in immediately and to pay jay $300 per month for the eight remaining months of the school year. a second student offered to move in the second semester and pay $2500 to jay. jay estimates his food cost per month is $500 if he lives in the dorm and $450 if he lives in an apartment with three other students. his share of the apartment rent and utilities will be $404 per month. assume each semester is 4.5 months long. disregard the small differences in the timing of the disbursements or receipts. what is the cost of the cheapest alternative?

Which of the following best describes why you need to establish goals for your program?